litecoin [LTC] Lightning Network on the edge of the launch; CoinGate bearer of good news

On December 13th, Coingate, a popular cryptocurrency exchange for Bitcoin trading [BTC] and altcoins announced on Twitter that Litecoin's Lightning Network is finally ready for implementation. Furthermore, CoinGate offered itself as an activation platform. In the original tweet of the exchange, the company wrote:

"@Litecoin community, we bring some interesting news! Our #Litecoin #LightningNetwork is ready to be distributed and will soon be available on CoinGate! Keep up to date with the news as we get closer! Here is a small preview @LTCFoundation @SatoshiLite @starkness!"

On this, Charlie Lee, Litecoin's father and a computer veteran applauded:

"Even Litecoin will soon have more than 1000 merchants accepting LN payments! 🚀 Thanks to @CoinGatecom!"

From time to time, Charlie Lee has designed that the project that fills him with enthusiasm in the cryptocurrency space is the lightning network. For example, in a recent interview with CNBC, the technician revealed that he was the "most excited" of the LN.

According to him, Lightning Network is a second-level solution for payments that pass through Bitcoin and Litecoin. He also believes that the network is strengthening over the years in which SegWit was also activated last year.

Another point of view distinct from the creator of Litecoin is that the concept and mechanism of LN are in sync with the vision projected by Satoshi Nakamoto in the Bitcoin white paper entitled "A peer-to-peer electronic payment system". In another interview, Lee said that payments on the Lightning network are peer-to-peer and can work even when the participating parties or peers are not connected to the Internet.

A Twitter handle called Bitcoin Opinions – Litecoin's cousin on the ad wrote:

"Do not say" We bring news "!! 😡 This is the evil B-word !!! Why not just" get news ", okay?"

Supernova, a fan of cryptocurrency and a follower of the blockchain space have commented:

"This is the kind of answer that exactly causes the current effect on good news prices"

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Priyamvada is a full-time journalist at AMBCrypto. A graduate in journalism and communication at Manipal University, she believes that blockchain technology is a revolutionary tool for advancing the future. Currently it has no value in cryptocurrencies.